How Did PNB Report a 214% Jump in Q1 FY27 Profit? Here's What Drove the Growth
Bengaluru, July 20 -- which provides personal, MSME, and agricultural loans, forex, wealth management, and mutual funds, gained focus after posting robust Q1 numbers.
With a market capitalization of Rs 1,27,054 crore, Punjab National Bank's share on Monday made a day high of Rs 111.75 per share, up by 5.63 percent from its previous close of Rs 105.80 per share. The company's share of the company gave a negative return of 2.85 percent over the last year.
Results Overview
QoQ View: Net Interest Income grew by 4.0 percent to Rs 10,798 crore in Q1 FY27 from Rs 10,380 crore in Q4 FY26, and Operating Profit grew by 0.3 percent to Rs 7,519 crore in Q1 FY27 from Rs 7,500 crore in Q4 FY26. This was accompanied by a net profit growth of 0.5 perc...
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